Archive » September 2008 » 05 September 2008 The english news from 05 September 2008
Three out of four Romanians think they are underpaid
Three out of four Romanians think they are underpaid and say that, if they were to own a company, they would hire themselves for a higher salary, according to a study made by recruiting website BestJobs.ro.…
Rebranding process decreased CEC Bank profit
State owned CEC Bank, one of the top ten local lenders, posted gross profit worth €11 million in the first seven months of 2008, due to high provisions and expenses generated by the rebranding process. The bank will resume negotiations with the European Bank…
BCR ups economic growth estimate to 8.3% for 2008, after H1 skyrocketing advance
Analysts with Romania's largest bank by assets, Banca Comerciala Romana (BCR), revised upwards their prognosis for economic growth this year to 8.3 percent, after data showed a record advance of 8.8 percent of the gross domestic product (GDP) in the first semester.…
Romania's central bank announces reference interest rate of 10.25% for Sept., on inflation pressure
The reference interest rate increased from 10 percent to 10.25 percent, on par with the key interest rate, Romania's central bank (BNR) announced on its website. The current level of the reference rate is the highest since March 2005, when the central bank announced a diminishing…
Net average wage in Romania advances an annual 25.8% in July to 1,308 lei, above labor productivity
The net average salary in Romania rose an annual 25.8 percent in July to 1,308 (365 euros), above the level in the past months, spurred by the rapid growth of incomes in industry and services, the country's statistics body INS showed.…